Manifested

Manifested

BTCUSD saw some hot action this weekend, playing out nicely for my call late last week for a correction of this bull rally. Thus far we've corrected to and found support at the 38.2% fib level of our rally from $6k. I think there is potential for one final push to $8,800, but overall I am bullish on bitcoin for the time being. I believe we finished our first minor...

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One of the two Elliott Wave counts I have has the first minute wave up had a truncated wave (v). This would mean that in that minute 1 covered $2600. I'm also seeing an extended third minute wave. One of the guidelines for Elliott Theory is that when 3 extends, wave 1 and 5 tend towards equality of 0.618 multiples of each other. So wave 5 being $1618 (or 0.618 x...

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BTCUSD. Self-Explanatory.

Manifested

Been moving all day and no internet at the new place yet. Posting this on mobile hotspot so it'll be brief. Almost perfect bearish butterfly harmonic. Granted, its on the 1hr. Short-period play. Realistic target $10k or just above. Optimistic, $9500-$9150.

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I have been tracking this potential inverse head and shoulders pattern for the past few days. However, after the volume profile did not quite line up I became skeptical, and even more so after noticing this potential head and shoulders pattern beginning to form. I wanted to make this post to track both potential formations and their progress. According to...

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Quick post to keep track in relation to my other ideas. This hopefully more clearly summarizes where I see things going over the next few weeks. On smaller time frames we are completing what looks to be an ascending triangle. The 5th wave (wave (E)) has overthrown the triangle as has been seen on several similar fractals during this downturn, as can be seen by the...

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I'm going to try and post more about some popular pairings and other large-cap coins. My initial thoughts on the ETH/BTC pair are bullish. We have broken two key downtrend resistances, with a clean bounce off the first and awaiting confirmation on the second. The cloud is bearish, however there is a kumo-twist in the near term which gives a signal at a potential...

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Wanted to post this quickly for tracking purposes. I mentioned this potential inverse head and shoulders play in my post on Bitcoin earlier this morning. I'm curious to see how this plays out given the current juxtaposition of price relative to the pitchfork channel. Historically, I would think 61.8% retrace, but the PF is saying 38.2%. *NOT TRADING ADVICE*

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Been tracking this since last night. Waves are very similar as to a few weeks back, we formed a larger three wave pattern that manifested as two impulses with a corrective triangle in between. Last time we were struggling to break $12k, and then finally popped through to $13k. This time I think it's $8k and $9k. Also, the 150 SMA on the 1hr lines up with the...

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Another post just for tracking purposes. Thought it was neat how this fractal is playing out so closely so far. I didn't mention in my first post, but if we were to call this corrective triangle a pennant, then the measured move would actually give us a target around $10,000. Since the bear trend has shown signs of reversing, we could see pushes past previous...

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I thought I would post an update on my last chart on this subject, see linked below. I think it is safe to say (for now) that BTCUSD has found a bottom. From it's all time high around $19.9k, we have seen a 70% correction. I believe we have finished our first intermediate corrective wave down. I believe our wave (A) was structured as a leading diagonal motive...

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This is just a quick post to track ETH's price movement. We have bounced cleanly of the 1.272 fib channel line of the Andrews Pitchfork. If we are going to find a bottom anytime soon, this would be it. I will try to post a more in-depth analysis later.

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BTCUSD and the cryptomarket as a whole saw a massive selloff today. I think (hope) we have found bottom for now. We saw our first significant bull divergence on the 4hr chart and monthly is the only time frame in which BTCUSD is not oversold. It should be noted that I believe today was confirmation that we can expect a longer-term bear market to come, but this is...

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According to one of my potential Elliott Wave counts, we have just completed our intermediate wave (A) and minor wave 5. This tells us that we should expect to begin our intermediate wave (B) and minor 1 upwards. I had been tracking what appears to be a leading diagonal before noticing the potential for a bearish deep crab harmonic. IF this harmonic pattern...

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BTCUSD has been on a hard downward trajectory for the past month. I touched on these patterns a bit and we hit both of the targets set out by the bearish gartley harmonic. After re-assessing the current state of things, I believe we may be in for a rally, before a final corrective wave downwards. We completed a leading diagonal (falling wedge) last night. This...

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ETHUSD has been rather resilient throughout this BTCUSD downturn. However, I have been tracking both closely, and believe ETH may be lagging behind BTC in price movement. I just wanted to post this real quick as a tracking tool. I may post a more in-depth analysis for ETH in the days to come, but I would set a preliminary price target for around $675 for ETH,...

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Taking a look at larger time frames, we see a potential bullish Gartley in the making for BTCUSD. I still believe we are on course for another leg down for this correction, but it very well be the final stand. This chart shows our original bearish Gartley, and it's target zone between the 1.272 and 1.618 fib extensions. Somewhere in this zone would satisfy the...

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My bearish calls on ETHUSD have not been well received, so I will start by saying I am not an ETH hater, I have actually been pulling for the flippening harder than most. That being said, I call them as I see them. I am also open to criticism, so lay it on me. I also apologize in advance for the cluttered chart, there isn't a great way to show this in such a small...